Fast Track

The Amaya deals whirlwind continues, but is it a whirlwind or a smokescreen?

16th April 2015 9:30 am GMT

So NYX finally bought the assets formerly known as Chartwell and Cryptologic from Amaya for CAD$150m.

That is US$120m or SEK1bn or AUD$157m or £81m depending on your choice of currency. And the US-based Anglo-Swedish-Australian, Canadian-listed NYX could probably choose any of them. It is not billions but it is still a fair amount of money for an asset that generated revenue of just $17.4m last year with a negative EBITDA of [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.


Already a subscriber or registered user? Login

Skywind Group
Pragmatic Play